When he was only 21 years old, Jared Goetz (www.JaredGoetz.com) was making millions of dollars putting on live events across the United States. Now years later, Jared, who grew up in Long Island has been running and helping multiple companies and those in e-commerce generate millions of dollars in revenue for themselves.
With his process and tricks leading the way, Jared is one of the most in-demand names and teachers in the e-commerce world, and The Levity Ball had a chance to sit down with him to pick his mind on his journey to where he is today…
1. At what age did you really say to yourself, “I want to be my own boss and be an entrepreneur!”?
I grew up with a single mom in a one bedroom apartment, and there was some real struggle there. I knew I needed to do something different from a young age. I was always scared of falling into the “normal” rat-race type life, and I’ve started (or at least tried to start) a bunch of businesses since my high school days, at about 17.
2. You grew up in Long Island and went to college at SUNY Albany… what about your upbringing in New York helped you become the person you are today?
On a personal level, I didn’t really have a figure in my life who’s footsteps I wanted to follow in, so it allowed me to look at every situation and opportunity with an open mind. Also, I looked at a lot of people who grew up where I did, and those who stayed after high school all had lives that did not interest me at all. I knew I had to get out there in the world and widen my perspective, so I left right after college and lived in many different cities as opportunities presented themselves.
3. Rewind a bit: At the age of 21 you were already making over $1 million in revenue from just putting on arena sized foam and circus act-type party events. At the time, did you think you’d just be hosting these types of parties, or did you know you would have to pivot towards something else?
When I was 21, I thought I had everything figured out! I believed that I would one day throw the largest music festival in history, and that’s what I wanted. That was until I lost all of my money along with the money of an investor on a show that was out of my league, got sued, and got forced onto a different track. Although those times were stressful, I’m glad I went through it, because I couldn’t imagine myself back in the nightlife industry now.
4. Why is it important for entrepreneurs and business owners to know when to pivot?
It’s really tough to know when to pivot because you are way more caught up in your own business than you may realize. Your attachment to things could lead to your failure, because unfortunately no matter how bad you want something, you can’t be stagnant when things are changing no matter how hard you try. You have to be nimble and able to change. People are naturally afraid of change because of the unknown.
5. Fast forward: Amongst several other high profile products and companies, you also started The Gadget Snob, which currently is the second fastest growing Shopify store and about to break over $5 million in sales. How come you feel everything you touch makes millions so quickly – is there a certain formula you use?
I like to try and dabble in a lot of things and see what works. I’ve lived by the rule that if you want to do something, model someone else who is doing it the best. All I’ve really done was watch trends, and try to capitalize on the waves. I’m also obsessed with efficiency, so when I go into a project I think of every way to get from where I am to where I want to be, whether it involves man power, software, traveling, investing, etc. I formulate the most efficient want to reach my desired outcomes.
6. Have you had any “failures”? If so, what did you learn from them?
Tons of failures. One day I will write a book full of lessons learned. One of the biggest lessons I’ve learned is that the most important thing someone can focus on is themselves, and their mindset. With the proper mindset NOTHING can stop you.
7. Who were some of your role models growing up?
Mark Cuban, Richard Brunson, Tony Robbins
8. What is the best advice you have ever received career wise?
The more you try, the more likely you will get lucky.
9. You have also travelled to over 30 countries… which has been your favorite adventure so far?
I’m a huge fan of adventure and putting myself in unfamiliar scenarios. Rural China was definitely suitable for my need for adventure and culture shock.
10. You now live in Florida… what about Florida do you love most, besides it not having the cold winters like here in New York?
The beach, and the golf. Those are two things that help my mindset tremendously!
11. On the business side of things, you now offer a special course/coaching program for individuals looking at becoming as successful as you and needing help with their own businesses… what do you hope people walk away with after taking one of your courses?
The hardest thing is getting started. I have a program for people who want to build an e-commerce business, and it’s almost like a bootcamp to get a business up and running. My goal is to show people that it is possible to be successful with your own business. So many people who haven’t yet seen success with their own businesses don’t truly believe deep down inside that it is possible for them. If I could just show them that one ounce of success, it could change everything.
12. And final question: What do you want to be remembered for when people look back many years from now at who you were/are?
I just want to leave a lasting positive effect on the world. I plan to leverage my successes to build bigger and more meaningful businesses that will have a stronger positive effect on our world.
Marc S. Boriosi has many passions including writing, editing, producing, and modern culture. His company, The Levity Ball, is an innovative website that highlights the latest trends and most talented artists in fashion, music, and the arts.
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